Thinks 1262

NYTimes on ultraprocessed foods: “While research continues, expert opinions differ on how people should approach UPFs. Dr. Monteiro said that the safest course is to avoid them altogether — to swap flavored yogurt for plain yogurt with fruit, for example, or to buy a fresh loaf from a local bakery instead of packaged bread, if you can afford to do so. Dr. Vadiveloo suggested a more moderate strategy, focusing on limiting UPFs that don’t provide valuable nutrients, like soda and cookies. She also recommended eating more fruits, vegetables, whole grains (ultraprocessed or not), legumes, nuts and seeds. Cook at home as much as you can, using minimally processed foods, Dr. Davy said. “We can’t really say a whole lot beyond that at this point.””

The Generalist: “Even skilled investors often have just one or two outlier bets over the course of their career. Because of venture’s power law, their returns may dwarf the dividends of all other investments combined. Your mission is to find these legendary businesses, engage with them deeply, and partner for decades.”

WSJ reviews “Then I am Myself the World”: “Consciousness varies not only within people but among them. We humans have “billions of bespoke realities,” Mr. Koch writes. We differ in our abilities to feel pain or conjure visual imagery or empathize with others. Experience is something the brain constructs—as evidenced by visual illusions and phantom limbs—and each brain constructs its experiences differently. Relating to other realities can be hard, but, Mr. Koch writes, “we can achieve insight into our limitations by reading books, watching movies about diverse experiences, speaking to a therapist, listening to our friends, and educating ourselves about our predicament.””

Manish Sabharwal: “Countries are a work in progress, and India’s labour market transformation is far from over. Too many people live on farms, too few work in factories, and too many employers are informal. However, our low 4-8 per cent unemployment rate since 1947 is not a fudge; the poor cannot afford to be unemployed, so they self-exploit in subsistence agriculture, marginal self-employment and informal wage employment. This suggests our problem isn’t unemployment but wages.”

FT: “Fifty corporate winners from the coronavirus pandemic have lost roughly $1.5tn in market value since the end of 2020, as investors turn their backs on many of the stocks that rocketed during early lockdowns. According to data from S&P Global, technology groups dominate the list of the 50 companies with a market value of more than $10bn that made the biggest percentage gains in 2020. But these early-pandemic winners have collectively shed more than a third of their total market value, the equivalent of $1.5tn, since the end of 2020, Financial Times calculations based on Bloomberg data found.”

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Rajesh Jain

An Entrepreneur based in Mumbai, India.